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Home My WebLink About0394 a S1~-23 , 954 IN PAYMEt1T pF tN(~ Ol~ OH ClASS 'C' INTANGIBIF PE.tSa`ItL ?f!0~'ERIr. . PURSUANT TO GIAP~lE~7~ . ACTS OF 1911, ~ LOAN NO. CiERK CIRCWi ~ 254441 ST. LUCIE 00. R~II FLORIDA MORTGAGE THiS INDBIVTURE. made this lg~~ day oE j,qgy ~ A• D• 19 73 by and between GHORGB S~1RL KNIGHT eti?d JACQUSLINB J. KNIGHT~ his wife of the County of St. Lt1Cf@ , in the State oi Fbdda Moregagor, and hereinafte~ w daignated and McCAUCHAN MORTGAGE COMPANY, INC.. a rnsporation of ihe State ot Florida. having its principal ofGce in the City oi Coral Gables. State of Fbrida, Moctgagee. and hcninafter :o daignated: . WHEREAS t6e said Mortgagor is jusdy indebted. to the said Mortgagce in the principal ~um of 'lyiffi~1TY SIX THOUSAND FOUft HUNDItED AND NO/100-----•~--------------------------.~ollars, u evidenced br a certain promissory note o[ even date herewit6, the (inal payment of which is due on MSy 1 ~X 2002 execuced by the Mongagor and de6vered to the Mongagee. rnpy of which is attached hereto and made a oart hereof. FIXED MONYHLY PAYMENT NOTE S 26 , 400 . 00 ~ Fbrt Pierce Florida, May 14 , 19 73 For value received. the underi~gned joiady and sevenUy peomise to par to the order of McGAUCHAi~i I?iORTGaGE ` COLiPA1VY. LYC., a Florida corpontion. the prinupal sum of SIX THOOSAND FOIIFc HtJNDRm 26,400.00 with interat thercon fmm date, payable monthly at the nte of eiQht p~~ pec annum; the interat and priaapal of this note parable in instalmeaq as folbws: Beginning oa ehe lst. day of J~e 19~_ the sum of $195~.'~ti Dollus. and ehe same amount on-the same day oE each month theraftet uatil the lst. day of A!ax „ 1Ar ~nn~ when the balance of the principal is due and pa~rable. ~ The aforesaid awnthlp payments are to be applied first to interest at the mte aforesaid due monthiy upon the principal sum or w much thereof as shall from time to time remain unpaid, and the balance of each monthly payment shall be applied on account ~ o[ principaL All instalmrnb of interat and prinapal are payabk at the o~ce of the pzree ia the Cit~ of Coral Gables. Florida, or at such other place as t6e 6older hereof may daignate in writing. in lawtul monep of the United Stata of America. If aay oE said instalmenn ot interest and principal shall not be paid whea due then the a?tire principal sum_and accrued interat ~all become due and payable at once, at the option of the legal holdv of this aotn Each maker and endorser waiva the right of exemption under the Constitution and lawa of Florida, and each maker and endoner waiva demand, protat and nodce of mshuity, non•pa~a?eat or pmtest and all requirementa naeuary to hold ea~ of them liable as maken and endorxn. ~ It is further agreed that ach maker and en~orser. jointlp aad severall~, shall pa~ all cosb of collection, including a nason- able attorney's fee, on tailure to pay t6e priacipal of this note or any interat therean at maturitq. This note and aU suau due thenunder shall bear interest at the nu of tw (10) per emt per annum fmm due date uatii pzid. . ° It is further agreed that each- maker and endorser joied~ and aeveraDr her_!~ conseat w any extensions or renewala or . ~ modifications of this note or any parc thereof without nodce. and ach ma3~er and endorur agrses that he will Mm~in liable as f such during any actension or rmewal or modif'ication hereof unt~ the debt repreacnted her~by is fully paid. ~ . _ t , This note is secared bp mortgage upon rnl propeet~r in St. Lucie County Florida, and this note ii to be rnnstrued according W the laws of Florida. ~S~~ George Earl Knight ~S~~ (S~) acc~ute ine _ _ ig (S~) $paf~•~?er ~?ay prepay the mortgage in whole or in part in the following manner and under the following vonditions: 2~ first 4 years and 18 thereafter. All are based on the principal araount of the r.iortgage. . ~ NOW THIS INDENTURE WITNESSETH, that the said Moctgagor, to better secure t6e paymrnt of the principal sum ~ ~ set out in said promissory note, and interat thereon, and in consideration thereof, and for other vali~~ble considerations, has ~ granted, bargained and sold and by thae praents doa grant, bargain and sell to said Mortgagee and to ib succasors and atsigns ~ (orever, atl that certain parcel or piece of land lying and being in the County of St. I.ueie and State of ~ Fbrida, morc particularly described as: ~ ~ Ivt 17, Block 1, RIVffit PARK, UNIT ~ii0, acoording to the plat reoorded thereof in Plat Book 10, page 72 of the Public Records of St. Lucie ~ Cbunty, Florida ~ ~ ST4?TE DO~Ji~NTARY STAMPS 11FFIXSD ZO T[~ ORIGII~L NO'I8 AND CANC~T.ED f ~ if T walter S._=~avis ~ THIa INSTRUMENT PR£PARCD BYs' ~ ABSTRACT & TITLE CORP. OF FLA. U R~~,4 ~GE ~W 203 5. 2fJD 57. FORT P:ERCE. FLURIDA ~OQy ~ 4 , 3 9 ~ - - - ~ Pa~ r . _ ~x : ~ - ' _ ~ ~ ~~S + ~ ^s.-`s~~-~~ :~.,r-~ ~ . s ~''x~~ : . _ ~ _ f-~ ~